The lead acid battery maker Exide Industries is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs).
A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh.
The company is developing advanced solutions in the lead acid space for emerging applications, including hybrid vehicles and EVs.
The company will introduce ultra-batteries and other solutions in the energy storage space and the lithium chemistry domain.